Market Risk is responsible for establishing, monitoring, reporting on, and enforcing risk limits across trading activities, including the calculation of Value at Risk (VaR) exposures. The team partners closely with trading desks and the front office to ensure risks are identified, understood, and appropriately managed, while also providing risk approval for new deals, products, and business initiatives. Whether evaluating a complex derivative structure or a major business acquisition, Market Risk helps ensure that risks are thoroughly assessed and suitable controls and limits are in place before trading activity can begin.

We are a global financial services group operating in 30 markets with 57 years of unbroken profitability. At Macquarie, you’re empowered to shape a career that is fulfilling and creates value. You will bring your insights and expertise to the task at hand and feel supported as you make your own kind of impact for a better future.

As an Associate in our Houston office, you will join the Market Risk team and be involved in the approval of new products, businesses and trading strategies in addition to calculating VaR and calibrating the model. You will be directly responsible for monitoring and reporting risk metrics on a daily basis to senior management, including the Managing Director and, in doing so, you will gain exposure to a wide range of businesses and products, operating in a global environment with staff in Sydney, Hong Kong, Singapore, London, New York and Houston.

Effective interpersonal and presentation skills to foster strong relationships with clients and stakeholders across all levels will be necessary to interact regularly with the front office traders and ensure the market risks arising from day-to-day trading positions are fully understood and managed appropriately within the limit framework. You will use your ability to sustain high level of performance under pressure with short deadlines to liaise with back office and support staff to ensure that the trading systems adequately represent the risk profile of the trading books, and that risk numbers are reported in an accurate and timely manner.

Our Risk Management Group works as an independent, and centralised function, responsible for independent and objective review and challenge, oversight, monitoring and reporting in relation to Macquarie’s material risks. We are a global team that aims to manage the risks of today and anticipate the risks of tomorrow. Our divisions include compliance, credit, financial crime risk, market risk, operational risk, aggregate risk and prudential, and central.